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everybody would like a tax cut. who wouldn't want a tax cut, especially 20% across the board? if you're making 35%, the top rate, you go to 28%. all chris wallace was trying to get from ryan on sunday was just tell me what big deductions you're going to get rid of so we can finance that. it's the question. of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of charitable deductions, won't get rid of homeowner, state and local. that's where all the money is. it's not little doodads here. joan, you take this one. he won't tell us. same question comes up wednesday night, can romney dodgeball it? can he say i'm not telling you how i'm going to do the major thing i promised to do, get the economy going through a tax cut, but i'm not going to tell you how i'm going to do it. can he get away with it with even the -- >> i hope not. i think this is a moment for jim lehrer to be very tough, respectful tough, and for president obama to come back at him and to sa
everybody would like a tax cut. who wouldn't want a tax cut, especially 20% across the board? if you're making 35%, the top rate, you go to 28%. all chris wallace was trying to get from ryan on sunday was just tell me what big deductions you're going to get rid of so we can finance that. it's the question. of course everybody wants a tax cut, but if it's not going to cause bigger deficits, tell us how you're going to do it, and they won't do it. they won't say we're going to get rid of...
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raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> a suspicious package between sixth and seventh streets. the metro station is also closed. we'll have more information on this straight ahead at 5:00. >>> a creative trend is sweeping japan during nap time. thanks to a talented mother's whimsical photos. >> the mother uses a blanket and her sleeping baby as a canvas. with a few simple props like clothes and props and veggies she create as plot about what her child may be dreaming about. they are so popular she's created a book. others are creating their own baby dream art and it has sparked similar efforts across japan. interesting. >> down! no, no, down! >> whoa! she's not having any of it. the black bear met his match when he wandered on to this family's property. the home owner apparently has this
raising taxes on the average family by up to $2000 dollars. while giving a tax break of $250,000 dollars to multi-millionaires. doesn't mitt romney understand, we can't rebuild america...by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >>> a suspicious package between sixth and seventh streets. the metro station is also closed. we'll have more information on this straight ahead at 5:00. >>> a creative trend is sweeping...
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out of ten, that's 90% of households will see a tax hike averaging $3,500. economists are warning if congress drives off what is called the so-called fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper practices through bear stearns, which jpmorgan chase acquired after it went bust. >>> american express is agreeing to refund $85 million to about 250,000 credit card customers and pay about $27.5 in fines. federal agencies say the company charged improper late fees and deceived credit card customers about old debts and new services. >>> there is a major recall from honda this morning. it affects 600,000 accords with v6 engines from 2003 to 2007 years. the hose for power steering might come loose and leak fluid causing a fire. only one fire has been reported thus far. honda will
out of ten, that's 90% of households will see a tax hike averaging $3,500. economists are warning if congress drives off what is called the so-called fiscal cliff, there will be automatic tax increases and deep spending cuts on january 1st. >>> the federal mortgage task force is filing its first action against a major bank. the civil lawsuit against jpmorgan chase alleges massive fraud involving mortgage-backed securities. rather than a specific deal, the complaint focuses on improper...
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Oct 2, 2012
10/12
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>> stephanie: can you get a tax write-off -- >> caller: do they get a tax write-off when they contribute all of this money -- >> i'm not sure. i'm not a tax accountant. >> stephanie: and your phone is breaking up. jim in new jersey. hi, jim. >> caller: just for a minute. let's forget about reports that mitt romney is being sued for copyright infringement with his ken doll. >> stephanie: see what you did. >> caller: he would say we need this debate on taxes, we want this debate on taxes and now -- >> stephanie: and so far. >> caller: yeah, now he says i would talk about my plan but i don't want to hurt fox's ratings. >> stephanie: yeah, i don't have time to explain all of the math. that's crazy. [ cuckoo clock chimes ] >> stephanie: now we are having a debate on taxes, and guess what you are losing? neener. that's it for us. hal sparks tomorrow. actress kerry washington, who awesome. joining us tomorrow. we will see you then on the "stephanie miller show." happy birthday, jacki! >> jacki schechner! ♪ 43
>> stephanie: can you get a tax write-off -- >> caller: do they get a tax write-off when they contribute all of this money -- >> i'm not sure. i'm not a tax accountant. >> stephanie: and your phone is breaking up. jim in new jersey. hi, jim. >> caller: just for a minute. let's forget about reports that mitt romney is being sued for copyright infringement with his ken doll. >> stephanie: see what you did. >> caller: he would say we need this debate on...
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Oct 2, 2012
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how in lord's name can they justify raising their taxes with these tax cuts? look, folks, we've seen this movie before. massive tax cuts for the wealthy. eliminating restrictions on wall street. let the banks write their own rules. we know where it ends. it ends in a catastrophe of the middle class and the great recession of 2008. folks, we cannot go back to that. >> woodruff: the republican national committee and the romney campaign seized on biden's remark about the middle class. they called it a "stunning admission" that the president's policies have been bad for the economy and the middle class. but biden-- at his next stop, in asheville, north carolina-- said what has buried the middle class is the result of policies that romney and ryan are supporting. in clinton, iowa, vice presidential nominee paul ryan said a romney administration would help more americans find jobs. >> we have a jobs crisis in america. wouldn't it be nice to have a job creator in the white house? ( applause ) we can't afford four more years. we need a real recovery. take a look at ju
how in lord's name can they justify raising their taxes with these tax cuts? look, folks, we've seen this movie before. massive tax cuts for the wealthy. eliminating restrictions on wall street. let the banks write their own rules. we know where it ends. it ends in a catastrophe of the middle class and the great recession of 2008. folks, we cannot go back to that. >> woodruff: the republican national committee and the romney campaign seized on biden's remark about the middle class. they...
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Oct 2, 2012
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. >> there is a new study that is dictating how taxpayers may get an increase in their taxes. that is only if congress does not take action on cuts that are expected to expire in december. if nothing is done a typical middle house hole will see their taxes go all by $2,000. >> full body scanners at airports. a michigan marijuana tman wanted o challenge the t.s. day. >> and bay area news new security measures are and placed in san mateo. this is after a nine year-old girl was a growth and nearly kidnapped by a man. there are new security measures the park's five elementary. that put a padlock on this fence because in the past you were able to walk past and go through this past way. they are making sure that the community cannot go through this way. some said that people could still jump the fence and they are setting that they may raise the fence. the schools is under lock down when school lesson session and no one can get through. only authorized personnel can get through. when parents arrive they have to sign in and where a visitor's badge. parents cannot stand by their child
. >> there is a new study that is dictating how taxpayers may get an increase in their taxes. that is only if congress does not take action on cuts that are expected to expire in december. if nothing is done a typical middle house hole will see their taxes go all by $2,000. >> full body scanners at airports. a michigan marijuana tman wanted o challenge the t.s. day. >> and bay area news new security measures are and placed in san mateo. this is after a nine year-old girl was a...
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Oct 2, 2012
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a tax increase. if washington doesn't come up with bauj et deal by the end of the year. if existing tax cuts are allowed to automatically expire, the average tax increase would be $3500 a year, a middle income family make between $40,000 and $60,000 a year would see their tax bill rise by $2,000. >>> overseas marks were mixed this morning. tokyo's nikkei shed a fraction on concerns of company earnings, while south korea's kospi grained a fraction. hong kong's hang seng is closed for a holiday. >>> on wall street, the dow added 77 points while the nasdaq lost two points. jp morgan chase is being sued over dealings made by bear stearns, the investment bank it acquired in 2008. new york's attorney general filed the suit claiming bear stearns misled investors. the suit is the first to be filed under a group set up by the obama administration to investigate misconduct that caused the 2008 financial crisis. jp morgan says it will will contest the suit. and notes that the alleged actions took place before i
a tax increase. if washington doesn't come up with bauj et deal by the end of the year. if existing tax cuts are allowed to automatically expire, the average tax increase would be $3500 a year, a middle income family make between $40,000 and $60,000 a year would see their tax bill rise by $2,000. >>> overseas marks were mixed this morning. tokyo's nikkei shed a fraction on concerns of company earnings, while south korea's kospi grained a fraction. hong kong's hang seng is closed for a...
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Oct 2, 2012
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corporate tax reforms should pt affect the tax right? by the way, why haven't you talked more in your campaign about the 20% tax cut and the corporate tax cut from 35 to 25%. supply sides have been critical of you and your running mate because you seemed to have back add way from the tax issue which even president obama believes would have stimulate the economy. >> i'm sitting here debating an able congressman. but the fact is, that president ro romney's plan is out there for everyone to see. they are on the record and he will implement for the purpose of creating boe ining growth. it is because you are running to help everybody. everybody that needs to get a job and people are suffering out there. >> what besides taxes. >> what besides taxes? >> give me something else? >> the most important thing is to get the private sector something else. people are on the sls out there. you know what, people have an uncertainty and i don't think we can afford another four years of interrupted jobs. >> president, i'm going to give you the last word. j
corporate tax reforms should pt affect the tax right? by the way, why haven't you talked more in your campaign about the 20% tax cut and the corporate tax cut from 35 to 25%. supply sides have been critical of you and your running mate because you seemed to have back add way from the tax issue which even president obama believes would have stimulate the economy. >> i'm sitting here debating an able congressman. but the fact is, that president ro romney's plan is out there for everyone to...
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he was asked to go more into specifics on the tax exemption. he said most people would not understand the math. how about giving me the arithmetic? host: what are you looking for tomorrow? caller: i would like to see how romney will spin his comments about the 40% of americans being freeloaders. my dad was a world war ii veteran. when he came back, he defended of the gi bill for all home loans. i guess he would be a freeloader according to romney. host: let's look at an article -- that sometimes. an independent caller in wisconsin, bill. caller: i am planning on watching tomorrow night. there's a lot of questions that i would be asking if i were there, of both of them. why have the democrats nor the republicans looked at our social security, which is going under? what has happened to all the ious that they have taken money from social security? when are the democrats and republicans going to decide to have to pay all of these back? that's the reason it's going broke. after paying into it for years as a vietnam veteran and everything else, peopl
he was asked to go more into specifics on the tax exemption. he said most people would not understand the math. how about giving me the arithmetic? host: what are you looking for tomorrow? caller: i would like to see how romney will spin his comments about the 40% of americans being freeloaders. my dad was a world war ii veteran. when he came back, he defended of the gi bill for all home loans. i guess he would be a freeloader according to romney. host: let's look at an article -- that...
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a tax cut for millionaires. a tax cut for millionaires. next april, david cameron will be writing a check for 40,000 pounds to each and every millionaire in britain. not just for one year, but each and every year. that is more than the average person earns in a whole year. at the same time, as they are imposing a tax on pensioners next april, friends, we, the labour party, that country knows it is wrong. it is wrong what they are doing. it shows their priority. and here's the worst part. david cameron isn't just writing the check. he's receiving one. [laughter] he is going to be getting the millionaires tax cut. [applause] so next week, maybe mr. cameron can tell us how much is he awarding himself in tax cut, how much is that tax cut he is awarding himself for a job i guess he thinks is a job well done. how many of his other capital colleagues have checks in the post from the tax cut? and how can he justify this unfairness in britain's 2012? [applause] and, of course, let's not forget, this tax cut wouldn't be happening without nick clegg
a tax cut for millionaires. a tax cut for millionaires. next april, david cameron will be writing a check for 40,000 pounds to each and every millionaire in britain. not just for one year, but each and every year. that is more than the average person earns in a whole year. at the same time, as they are imposing a tax on pensioners next april, friends, we, the labour party, that country knows it is wrong. it is wrong what they are doing. it shows their priority. and here's the worst part. david...
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Oct 2, 2012
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taxes are 15% of all the nations income, but you can affected. most people are rational not to do anything about. so in the way it doesn't matter to people because they can't affected it but i take it our broad effort to overcome the. so does become rational to pay attention to what's happening in concrete a more casual talk about this is to compare the quality of information that you get a different section of the newspaper. if you go to the webpage, you get charts and data and graphs that people turn to everyday and it tells them something any about their lives. if you go to the financial pages, you get david and charts and graphs that tells him about their investments. go to the sports page and you get intricate data about sports i care nothing about, but evidently somebody does. and you see the quality of data that's a bit of an ordinary newspaper, and then you turn to the national section of the newspaper and you get republicans are gunning for a fight, and senator so-and-so is a real go getter. that's not information people can use. in the
taxes are 15% of all the nations income, but you can affected. most people are rational not to do anything about. so in the way it doesn't matter to people because they can't affected it but i take it our broad effort to overcome the. so does become rational to pay attention to what's happening in concrete a more casual talk about this is to compare the quality of information that you get a different section of the newspaper. if you go to the webpage, you get charts and data and graphs that...
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will have a whole new tax world. higher taxes. warpers paycheck in january will be smaller. >> lawmakers not expected to do anything until after the election in november. >> is all or nothing? is there a chance they could survive partially? >> they still have to figure it out. there are some bush administration tax cuts all the way through the obama administration. what they're going to do is figure out they will renew some of them, let them expire. bottom line -- we will all feel the pain, it's just a question of how much. >> will be interesting to see if they discuss that in the debate might. revenue this year, down load our election 2012 app to see the latest campaign pictures and follette updates during tonight's debate. search commitment 2012 on your smartphone and tablets a day. >> the death of a man who died in police custody has been ruled a homicide. >> please note confirming what we have heard about the death of anthony anderson. will the officers involved be charged? >> he died 10 days ago after being arrested by city p
will have a whole new tax world. higher taxes. warpers paycheck in january will be smaller. >> lawmakers not expected to do anything until after the election in november. >> is all or nothing? is there a chance they could survive partially? >> they still have to figure it out. there are some bush administration tax cuts all the way through the obama administration. what they're going to do is figure out they will renew some of them, let them expire. bottom line -- we will all...
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. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. [ male announcer ] if it wasn't for a little thing called the computer, we might still be making mix tapes. find this. pause this. play this. eject this. write this. it's like the days before esurance express lane™. you had to find a bunch of documents just to get a car insurance quote. now express lane finds your driving info with just one click, saving time to be nostalgic about
. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live...
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, like your home mortgage tax deduction, in the romney/ryan tax plan. not enough time. they can't even say if you will pay more or less with their tax plan. well, mitt, i'm sure president obama will give you as many of his minutes as you need to explain it all in wednesday night's debate. >> mitt romney needs a great october. >> we know romney needs a great october. >> to change the course of this campaign. >> the final push is on. >> just days away from the first presidential debate. >> both candidates cramming for the first debate. >> everyone trying to lower expectations. >> franticly spinning to lower expectations. >> >> president obama is an experienced debatetor. >> i'm just okay. >> almost everyone seems to be muting enthusiasm in trying to undersell thvernlths is mitt's first time. >> i don't buy that. >> chris christie is taking a different tack. >> we have a candidate who is going to do extraordinary well on wednesday night. come thursday morning when we get to thursday morning, the entire narrative of this race is going to change. >> this is
, like your home mortgage tax deduction, in the romney/ryan tax plan. not enough time. they can't even say if you will pay more or less with their tax plan. well, mitt, i'm sure president obama will give you as many of his minutes as you need to explain it all in wednesday night's debate. >> mitt romney needs a great october. >> we know romney needs a great october. >> to change the course of this campaign. >> the final push is on. >> just days away from the first...
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goes over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled with holiday party goers collidewide a ferry and sank. it is the deadliest accident there in years. >>> a house in clam mouth falls, oregon, that was sold this summer turned out to be a meth lab. it had toxic chemicals 80 times. the family who bought the foreclosed house from the government got sick and now has few options. >>> the white house is lit up in pink to mark october as breast cancer awareness month. new york's empire state building is also bathed in pink. and even buckingham palace in london has gone pink to support the breast cancer awareness campaign >>> and now here's an early look at how wall street's g
goes over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled...
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our borrowing is going up, our deficit is going up because you've not got people at work paying tax. so there's been a right of myth for two years the only way to get the deficit down is through spending cuts and tax riders. the faster you go, the better. it's not worked in britain. and i'm afraid we're making a 1930 mistake all over again. >> it's easy their position to say this plan's not working, but the coalition with the conservative party with the junior partner very much sticking to plan a even these in some circles particularly in labor circles it's not proven to be particularly popular. and i think they'll try to play up his working class credentials because the leading conservative party very much has this posh boy image. lots of educated members of the cabinet. it's pretty hard for the average working class britt to at that time message from someone they perceive to be wealthy independently. >> not that they're putting necessarily any -- the thing is, you're 2, 2 1/2 years on out from an election, so in need for any policies. >> no, for quite some time. and the conservativ
our borrowing is going up, our deficit is going up because you've not got people at work paying tax. so there's been a right of myth for two years the only way to get the deficit down is through spending cuts and tax riders. the faster you go, the better. it's not worked in britain. and i'm afraid we're making a 1930 mistake all over again. >> it's easy their position to say this plan's not working, but the coalition with the conservative party with the junior partner very much sticking...
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and he wants to extend the bush tax cuts for wealthy americans. but it seems like having his real record pointed out to him is making the senator a little testy. >> excuse me, i'm not a student in your classroom. please let me respond, okay? >> maybe mr. brown could use that classroom. there is a difference between the letters "i" and "r." did senator brown think we would forget his extreme right wing record? nice try, but we got you. 's eb. want to give your family the very best in taste, freshness, and nutrition? it's eb. want to give them more vitamins, omega 3s, and less saturated fat? it's eb. eggland's best eggs. eb's. the only eggs that make better taste and better nutrition... easy. eggland's best eggs. better taste. better nutrition. better eggs. it's eb. i've got a nice long life ahead. big plans. so when i found out medicare doesn't pay all my medical expenses, i looked at my options. then i got a medicare supplement insurance plan. [ male announcer ] if you're eligible for medicare, you may know it only covers about 80% of your part b
and he wants to extend the bush tax cuts for wealthy americans. but it seems like having his real record pointed out to him is making the senator a little testy. >> excuse me, i'm not a student in your classroom. please let me respond, okay? >> maybe mr. brown could use that classroom. there is a difference between the letters "i" and "r." did senator brown think we would forget his extreme right wing record? nice try, but we got you. 's eb. want to give your...
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for the rich and tax the middle class. you see ad after that and they are both false. i think he needs to look at the camera straight. explain in a sentence or two why each is completely false. to then turn to the president and ask him how he can premise his entire election on way of presenting the romney position that is so at odds with the truth. so, bit of defense. then i think he goes on offense. that i think is something he has to do because those images of him as kuing the taxes to the rich to -- and putting burden on the middle class is killing him. >> bret: panel, as always, from different parts of the country, thank you. steve, juan, charles. that's it. but stay tuned for final look ahead from denver as we get ready for this big night tomorrow night. [ female announcer ] food, meet flavor. flavor, meet food. it's time for swanson flavor boost. concentrated broth in easy to use packets. mix it into skillet dishes, for an instant dose of... hell-o! [ female announcer ] get recipes at flavorboost.com. droid does. and
for the rich and tax the middle class. you see ad after that and they are both false. i think he needs to look at the camera straight. explain in a sentence or two why each is completely false. to then turn to the president and ask him how he can premise his entire election on way of presenting the romney position that is so at odds with the truth. so, bit of defense. then i think he goes on offense. that i think is something he has to do because those images of him as kuing the taxes to the...
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. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live within our means. i was not able to do it. >> sean: we have much more with governor schwarzenneger. is he supporting a candidate this election? that is coming up next. >> sean: we continue now with arnold schwarzenegger. he's written a new memoir. it's called "total recall: my unbelievably true life story." you talk about in your book, you go through a childhood where you grew up, where you had to walk to get water. >> milk. >> sean: milk. you didn't have a bathroom. you didn't have running water. you didn't have any of the bare necessities. >> ri
. 10 years later, i had to raise taxes. i hated it. arnold, how can you do that? you promised the people you wouldn't raise taxes. all of a sudden you are there with a $40 billion deficit because the economy took a dive and we had less revenues coming in. >> sean: even the car tax. >> exactly. it's a real clem and real dileml challenge. i was adamant about solving the financial problem of california to pay down the debt, number one. number two, to make the deficit go away and live...
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WBAL
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give $14.85 sans tax considerations but we haven't talked about the core business yet. right now it's trading at $15.82. in other words, when you consider the stake in yahoo! japan and the remaining stake in ali baba which is worth a bundle and the cash which is well, cash, then the market is valuing the core business, yahoo! search, yahoo! finance, yahoo! sports, these stocks, tremendous gravitas, at $1 a share. yahoo! believes it's worth $7.17 which means it it was to trade at $22. that's a remarkable, remarkable move you need to catch. it could be worth even more frankly. if you believe as i do that she has what it takes to turn this business around. again, i need to see mobile and i need to see social because that's where all the winners in tech have. bottom line when yahoo! was a headless company with no strategy for monetizing its assets it made sense for the stock to trade down here. now it has leadership and a turn around plan that we'll hear more about and the company is unlocking the hidden value like with ali baba. that means the stock goes higher. i say cong
give $14.85 sans tax considerations but we haven't talked about the core business yet. right now it's trading at $15.82. in other words, when you consider the stake in yahoo! japan and the remaining stake in ali baba which is worth a bundle and the cash which is well, cash, then the market is valuing the core business, yahoo! search, yahoo! finance, yahoo! sports, these stocks, tremendous gravitas, at $1 a share. yahoo! believes it's worth $7.17 which means it it was to trade at $22. that's a...
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thirty, 50 percent of all the nation's income goes away in taxes. you can affected. most people are rational lot to do anything about it. so it doesn't matter to people because they can't affect things. our broad effort overcomes that, so it does become rational to pay attention to what happens in congress. more casual way, compare the quality of information that you get in different sections of the newspaper. go to the weather page. you get charts and data and graphs that people turn to everyday. tells them something immediate about their lives. if you go to the financial pages the good data and charts and graphs that tell them about their investments in ways that are immediately accessible. you go to the sports page and it brilliantly intricate data about sports i care nothing about but evidently somebody does. nbc the quality of data available in an ordinary newspaper. then you turn to the national section of the newspaper and give republicans getting for a fight. senators also is a real go getter. that is not information people can use in the way that they can th
thirty, 50 percent of all the nation's income goes away in taxes. you can affected. most people are rational lot to do anything about it. so it doesn't matter to people because they can't affect things. our broad effort overcomes that, so it does become rational to pay attention to what happens in congress. more casual way, compare the quality of information that you get in different sections of the newspaper. go to the weather page. you get charts and data and graphs that people turn to...
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>> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and onhe table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverage provided by employers continue to be deductible? if so, for whom, should it be for all? and should we raise the age of entitlement, if so, to what level?" when someone says that about social programs, i want to also hear the answer to the question, "what are you doing with military spending? and how do you justify the tradeoff? we've gotta get the revenue someplace. where are you willing to cut? and if not, why not? when you're putting really valued things on the table. and simply saying that the wealthy are going to pay more doesn't solve the problem. the wealthy are going to need to pay more, but so is what most people define as the middle class, and there are going to be cuts across the board, including the military, i
>> such as reforming social security, medicare, higher taxes, lower taxes? >> yes. and onhe table are all sorts of things that many people value a great deal and we may not be able to afford anymore. so should we have deductibility for second home mortgages? should we have deductibility for high-cost homes? should we have health insurance coverage provided by employers continue to be deductible? if so, for whom, should it be for all? and should we raise the age of entitlement, if...
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how in lord's name can they justify raising their taxes with these tax cuts? >> a tweet from mitt romney says this, agreed with @joe biden, the middle class has been buried last four years which is why we need a change in november. let's bring in chief political analyst gloria borger. channel in vice president joe biden right now. what was he trying to say obviously didn't come across as he clearly would like. >> well, what he was clearly trying to say and the obama campaign was quick to point this out is that what he was trying to say is that the middle class was buried urntd george w. bush and that's what started the problems for the middle class and that the obama administration has started to pull it out by its boot straps. and so the obama campaign just in case we didn't get that has a statement that says that the romney campaign is taking this entirely out of context. it's obviously in looking at the full transcript that joe biden was talking about the fact that the middle class was buried under failed bush policies. and of course they say romney/ryan wo
how in lord's name can they justify raising their taxes with these tax cuts? >> a tweet from mitt romney says this, agreed with @joe biden, the middle class has been buried last four years which is why we need a change in november. let's bring in chief political analyst gloria borger. channel in vice president joe biden right now. what was he trying to say obviously didn't come across as he clearly would like. >> well, what he was clearly trying to say and the obama campaign was...
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the idea that tax cuts, which he hasn't been talking about all that much. he barely mentioned them in his convention speech, that's going to produce the kind of growth he's talked about. and as you know, that's not an easy case to make. some of the evidence suggests from the clinton years, it doesn't produce that. >> yeah, i agree, john. i think he does have to make that case, though. he has to make some sort of affirmative case. i really don't think it's enough for romney to point at obama and say he's doing a bad job. that hasn't gotten him over the hump. and i do think he has to say, look, here's what i'm going to do and here's how it's going to make things better. and if -- if he's going to talk about tax cuts, he's got to explain how that's going to make the life of, well, frankly, the 47% any better. and that's a challenge. >> all right. eugene robinson, thank you. john harwood, thung. chuck todd, we'll see you on the daily rundown. >>> coming up, a showdown in last night's massachusetts race. senator scott brown and elizabeth warren face off in their
the idea that tax cuts, which he hasn't been talking about all that much. he barely mentioned them in his convention speech, that's going to produce the kind of growth he's talked about. and as you know, that's not an easy case to make. some of the evidence suggests from the clinton years, it doesn't produce that. >> yeah, i agree, john. i think he does have to make that case, though. he has to make some sort of affirmative case. i really don't think it's enough for romney to point at...
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the nonpartisan tax policy center estimates the average household will pay $3,500 more in taxes. the two policies which impact the average american the most are payroll taxes and the bush era tax cuts. democrats have already said they will not accept a deal unless tax cuts to americans making more than $250,000 a year are allowed to expire. >>> 5:06. 64 degrees. the phone wars between apple and samsung takes another nasty turn. >>> also ahead, crossing the line. the incident that has one police officer in hot water this morning. "and what's your name?" "oh, it's flo." "and what do you do?" "oh, i sell insurance like no one else." "oh, that's nice." "thank you." now, that's progressive. call or click today. >>> welcome back apparently, looking at photos and videos of cute, fuzzy baby animals can help improve your productivity. see, aaron? a team of researchers at hiroshima university recently conducted a study where they showed university students pictures of baby animals before completing board games and puzzles. those who saw the pictures were more attentive to detail than those
the nonpartisan tax policy center estimates the average household will pay $3,500 more in taxes. the two policies which impact the average american the most are payroll taxes and the bush era tax cuts. democrats have already said they will not accept a deal unless tax cuts to americans making more than $250,000 a year are allowed to expire. >>> 5:06. 64 degrees. the phone wars between apple and samsung takes another nasty turn. >>> also ahead, crossing the line. the incident...
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the tax policy center estimates most households could see an nch tax increase of -- an average tax increase of $3500. that's because a record number of tax increases are due mostly to the expiration of temporary provisions that were put in place since 2001. they're said to take effect in january. all tolled, the center estimates the taxes would rise by more than $500 billion in 2013. the good news? if you think congress will let all the scheduled tax increases take effect but at the moment it's not clear what kind of fiscal clear deal lawmakers want to negotiate. and anything they do resolve won't happen till after the election. >>> it's a boy for yahoo's c.e.o. mar ris ya may -- marissa mayer. she was one of the original employees of google. she planned to go back to work a few weeks after giving birth and her comments set off a lengthy debate about how corporate family policies makes it hard to juggle a successful career and family. >>> questions are being raised about ikea's commitment to gender equality. the swedish furniture maker is under fire for ads like this one. you take a look, t
the tax policy center estimates most households could see an nch tax increase of -- an average tax increase of $3500. that's because a record number of tax increases are due mostly to the expiration of temporary provisions that were put in place since 2001. they're said to take effect in january. all tolled, the center estimates the taxes would rise by more than $500 billion in 2013. the good news? if you think congress will let all the scheduled tax increases take effect but at the moment it's...
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the second round of tax cuts. secondly, invaded a sovereign nation without declaring war and without paying for it, called iraq. thirdly, medicare prescription drugs was expanded, added $8 trillion in new unfunded sees when medicare was already underfunded $20 trillion. since then we have stimulus programs that are not properly designed and the effectively implemented. we passed for will care act to cover 30 million more people. government today is 24% of the economy, 12 times bigger than 100 years ago, and it is headed to 37% on autopilot. these people live in a dream world. >> let me read you two quotes. democrats and republicans blame each other. nobody steps up to the plate and accept responsibility for anything. this city, washington, d.c., we're giving a national press club speech from this city has become a town of media stunt man who posture, creek images, talk, she got off roman candles, but do not accomplish anything. i am wondering if you think you could utter them today in 2012 and they would make just
the second round of tax cuts. secondly, invaded a sovereign nation without declaring war and without paying for it, called iraq. thirdly, medicare prescription drugs was expanded, added $8 trillion in new unfunded sees when medicare was already underfunded $20 trillion. since then we have stimulus programs that are not properly designed and the effectively implemented. we passed for will care act to cover 30 million more people. government today is 24% of the economy, 12 times bigger than 100...
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lie payroll tax cuts by obama. this is the end for businesses and the child tax credit and college tuition credit chooses the alternative minimum tax and related to president owe bam paw's healthcare law. the spending cuts agreed upon as part of last year's debt ceiling deal will go into effect including major cuts in medicare and defense. they are reportedly working on strategies to deal with the issue even if they come up with a plan of attack don't expect there to be any real negotiations on this until after the presidential election. >> always of the election. we need that help now. >>> it is now 47 after the top of the hour. the bizarre seating situation at american airlines could be more widespread that n we first thought. we will have a live report coming up. >>> after a sharp drop in absentee ballots by the nation's members of the military is the pentagon doing much to help the votes next year? we will read your e-mails to find out. good morning, brian. >> good morning to you. it will be unusual. pregame sh
lie payroll tax cuts by obama. this is the end for businesses and the child tax credit and college tuition credit chooses the alternative minimum tax and related to president owe bam paw's healthcare law. the spending cuts agreed upon as part of last year's debt ceiling deal will go into effect including major cuts in medicare and defense. they are reportedly working on strategies to deal with the issue even if they come up with a plan of attack don't expect there to be any real negotiations on...
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tax cuts for the marginal rates. a big one down from 35% for the top rate down to 28%. but he won't tell us how he's going to do it. he won't tell us the big deductions he's going to kill. and to me that's the heart of what he's actually promising. howard, how can he tell us what he's going to do without killing himself politically by nailing these deductions? >> i don't think he can play stall ball for the next five weeks on that, chris. i think every debate moderator starting with jim lehrer tomorrow night is going to demand specifics in the way chris wallace tried to do last week on fox. and i also think that the numbers are emblematic of values in this case. people want to know about mitt romney. they're undecided. i disagree with chuck a little bit. i think people are prepared to blame the president enough to dismiss him if, as chuck says, they are secure about romney. it's that last piece that romney hasn't done, and forcing him to discuss the details of his tax plan is not a way necessarily to win those undeci
tax cuts for the marginal rates. a big one down from 35% for the top rate down to 28%. but he won't tell us how he's going to do it. he won't tell us the big deductions he's going to kill. and to me that's the heart of what he's actually promising. howard, how can he tell us what he's going to do without killing himself politically by nailing these deductions? >> i don't think he can play stall ball for the next five weeks on that, chris. i think every debate moderator starting with jim...
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as it relates to his tax plan, he has said very clearly that, a, he wants to cut certain tax loopholes, b, he wants to keep the bush era tax cut rates in place, and c, we need to make sure we can work with congress in a bipartisan fashion to get it done. i think that's very fair, i think it's a question that will be asked of him tomorrow by jim lehrer. >> it's also been deemed as mathematically impossible. thank you. as the candidates gear up, we are headed to denver. we will broadcast live from the university of denver, so be sure to tune in tomorrow, 4:00 p.m. eastern. >>> next, the 47 and bain. sure to take center stage tomorrow. stay with us. >> you haven't given me the math. >> but, well, i don't have the time -- it would take me too lock to go through all the math. >> great answer. why? it's a great answer. why is it a great answer? well, it would take me too long to explain, but trust me, it was a great answer. [ man ] ring ring... progresso this reduced sodium soup says it may help lower cholesterol, how does it work? you just have to eat it as part of your heart healthy diet.
as it relates to his tax plan, he has said very clearly that, a, he wants to cut certain tax loopholes, b, he wants to keep the bush era tax cut rates in place, and c, we need to make sure we can work with congress in a bipartisan fashion to get it done. i think that's very fair, i think it's a question that will be asked of him tomorrow by jim lehrer. >> it's also been deemed as mathematically impossible. thank you. as the candidates gear up, we are headed to denver. we will broadcast...
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netting $4.2 billion in cash after taxes and fees. and even better, yahoo! will return about 85% of the cash to you, shareholders. we're either looking at a huge dividend or a gigantic buy back. it would shrink the cap by 19%. that's what makes the stock go higher, not the buy back stock, come out flat. now remember after this transaction yahoo! still owns 20% of ali baba. yahoo! can sell half of the stake at the time when ali baba comes public whenever that might be. how much is it worth? goldman values yahoo!'s remaining ali baba position at $5.8 billion or $4.93 a share. i think that could be a low ball figure given ali baba's legitimate internet growth story. even though they pulled back from the highs it still made people a fortune since it came public in 2005. second, there's yahoo! japan which is a separate company publicly traded on the japanese market. yahoo! owns 35% of this monster and the stake is worth $4.77 billion. that's another $4.03 a share. then we've got the cash itself. by the end of the year goldman expects yahoo! will have $5.84 of cas
netting $4.2 billion in cash after taxes and fees. and even better, yahoo! will return about 85% of the cash to you, shareholders. we're either looking at a huge dividend or a gigantic buy back. it would shrink the cap by 19%. that's what makes the stock go higher, not the buy back stock, come out flat. now remember after this transaction yahoo! still owns 20% of ali baba. yahoo! can sell half of the stake at the time when ali baba comes public whenever that might be. how much is it worth?...
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several tax cuts could also end if the cliff is not avoided, meaning about $3,500 more in taxes for the average household. >>> american university is warning students to be on alert after a string of incidents where a man has groped students near campus. there have been four reported incidents in the last week. the most recent one happened sunday night on massachusetts avenue. police say the suspect comes up from behind, grabs girls inappropriately, and then runs away. >> i normally feel really safe around here. i'm not in the city or anything. that's a little bit terrifying. >> something's got to be done. i mean, it's definitely uncalled for and not okay. >> au sent an e-mail to students to alert them about the attacks. the university is asking the students to walk in groups and only in well-lit areas. >> 6:06 right now. today marks the tenth anniversary of the sniper killing spree. the first attack happened in a parking lot in wheaton, maryland. in all, ten people were killed, three others were wounded in a three-week stretch that terrified the d.c. region. police eventually arrested
several tax cuts could also end if the cliff is not avoided, meaning about $3,500 more in taxes for the average household. >>> american university is warning students to be on alert after a string of incidents where a man has groped students near campus. there have been four reported incidents in the last week. the most recent one happened sunday night on massachusetts avenue. police say the suspect comes up from behind, grabs girls inappropriately, and then runs away. >> i...
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everybody will see their tax rates go up or tax go up january 1. there could be some leeway there. >> gretchen: liz mcdonald, thanks so much. he's putting down the guitar, taking up politics. scott stapp on why he's switching from obama tropical storm 9-11 then bill o'reilly and laura ingraham are here together. what do they expect in the first presidential debate. don't miss their predictions. first, on this day in 1982, the number one song was "jack and diane" by john cougar mellencamp [ male announcer ] in blind taste tests, even ragu users chose prego. prego?! but i've bought ragu for years. [ thinking ] woer what other questionable choices i've made? i choose date number 2! whooo! [ sigh of relf ] [ male announcer ] choose taste. choose prego. [ sigh of relf ] seems they haven't been moving much lately. but things are starting to turn around because of business people like you. and regions is here to help. with the experience and service to keep things rolling. from business loans to cash management, we want to be your partner moving forward.
everybody will see their tax rates go up or tax go up january 1. there could be some leeway there. >> gretchen: liz mcdonald, thanks so much. he's putting down the guitar, taking up politics. scott stapp on why he's switching from obama tropical storm 9-11 then bill o'reilly and laura ingraham are here together. what do they expect in the first presidential debate. don't miss their predictions. first, on this day in 1982, the number one song was "jack and diane" by john cougar...